47978 — White County, Indiana Market Snapshot
Housing market data for zip code 47978 in White County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
35 sales in 2026 (year to date)
Median Sale Price
$249,000
Days to Sell
19
Homes Sold
35
Inventory
20
Sale-to-List
97.8%
New Listings
38
Price/SqFt
$156
Pending Sales
39
Conforming Loan Available
Most homebuyers in 47978 can comfortably use conventional financing. The median home price of $249,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 47978 are moving quickly at 19 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 47978 sells for 2.2% below asking price (97.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 47978 can comfortably use conventional financing. The median home price of $249,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 47978 are set at the county level.
2026 Loan Limits — White County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 47978
To purchase the median home at $249,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,058.
Monthly Payment
$2,058
Income Required
$88,190
Principal & Interest
$1,534/mo
Down Payment (5%)
$12,450
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 47978.
Estimated Monthly Payment
$1,691
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